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Quant is not a strategy — it’s a production method. And that’s exactly why so many allocators still get it wrong.

In this episode of Resonanz Spotlight: Strategy Notes, Vincent and Saâd break down how to think about quant hedge funds in 2026 — and why traditional due diligence frameworks often fail.

They walk through a practical approach to underwriting different types of quant strategies, from equity stat arb to trend following and alternative risk premia. More importantly, they highlight what actually matters: where returns really come from, what breaks a strategy, and how to identify hidden risks behind the label.

If you’re allocating to quant — or thinking about it — this episode gives you a clear, actionable framework you can apply immediately.

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In this episode of Resonanz Spotlight, Vincent speaks with Chloi Karyda, Managing Director and Global Head of QIS Solutions at J.P. Morgan, about the evolution of QIS and its role in modern portfolio construction. The conversation explores how the space has expanded across products, access formats, and implementation choices, and how investors can think about systematic tools across different market environments, from sticky inflation to AI-driven equity dispersion and commodities. A thoughtful discussion on where market views, portfolio objectives, and implementation meet.

The views expressed in this podcast are those of the individual speakers and do not constitute investment advice, a recommendation, or an offer to buy or sell any financial instrument or product. They do not necessarily represent the views of J.P. Morgan or any of its affiliates. This content is for informational purposes only and should not be relied upon as the basis for any investment decision. Listeners should seek independent professional advice before making any investment.

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What happens when investors stop managing portfolios in silos and start looking at the whole system instead?

In this episode, Vincent and Saâd unpack the Total Portfolio Approach — a framework that challenges traditional asset allocation by asking a simple but powerful question: where should the next dollar go?

They discuss why more institutional investors are moving beyond static portfolio buckets, what makes total-portfolio thinking attractive, and where the approach can go wrong. From governance and benchmarking to model risk, discretion, and the temptation of macro timing, this is a clear-eyed conversation about both the promise and the limits of TPA.

A short, sharp discussion for investors thinking seriously about portfolio construction, decision-making, and modern sources of diversification.

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Vincent and Saâd unpack hedging for today’s “creeping risk” markets—where danger builds quietly before it hits prices. They break down how to define the risk you’re actually hedging, how to make the cost sustainable, and why governance and execution matter as much as instruments. A key focus: the monetization paradox—what to do when a hedge works, and how to avoid freezing at the moment it matters most.

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Cat bonds sit in a strange place: they’re capital markets instruments, but the risk driver is nature — not rates, not credit spreads, not equities.

In this episode of Resonanz Spotlight: Strategy Notes, Vincent and Saâd break down how catastrophe bonds work, why institutional allocators are looking at them now, and what most investors underestimate: trigger mechanics, model risk, liquidity around event seasons, and the very real psychology of “steady carry… until it isn’t.”

If you’re looking for diversification beyond markets, this episode offers a clear mental model — in just five minutes.

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Vincent and Saâd unpack a strategy that sits right between equity and credit — capital structure arbitrage.

Why do stocks and credit spreads sometimes tell completely different stories about the same company? And how do professional investors structure trades to potentially profit from that disagreement — without simply betting on market direction?

In under 10 minutes, we break down the core idea, a simple mental model, where returns can come from, and the risks that matter most (liquidity, model risk, and “both sides lose” scenarios).

If you want a sharper lens on relative value investing — this one is for you.

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High-frequency trading firms and quantitative hedge funds once operated in completely different worlds. Now they're competing head-to-head for the same alpha.

Vincent and Saâd explore why ultra-high-frequency strategies hit a hard capacity ceiling, how the passive investing revolution is forcing these firms into direct competition, and what happens when Jane Street and Millennium's pods fish in the same pond. The old manager categories no longer apply, and allocators need to ask completely different questions.

This isn't convergence through imitation. It's convergence through necessity.

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Everyone talks about pods and PMs in multi-manager hedge funds. But what about the Center Book?

In this episode, Vincent and Saâd unpack the quiet infrastructure at the heart of every multi-manager platform — managing firm-wide risk, balancing exposures, and making the difference between a coordinated strategy and a collection of bets. They explore what it is, why it exists, and the critical questions allocators should ask during diligence.

If the pods are the soloists, the Center Book is the conductor — unseen by the audience, but essential to the harmony.

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In this episode of Resonanz Spotlight: Strategy Notes, Vincent and Saâd break down why SRTs and CLOs, often grouped under “structured credit”, are actually two very different games. They explore how banks, regulators, and investors each approach these structures, why incentives diverge, and what allocators must understand before deploying capital. In under ten minutes, this conversation demystifies the mechanics, motivations, and market dynamics that separate synthetic risk transfer from traditional CLO investing.

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In this two-part special of Resonanz Spotlight, Vincent sits down with Chris Miller and Nick Baltas from Goldman Sachs’ Systematic Trading Strategies team to explore how option-based investing has evolved — and where it’s heading next.

In Part 1, Chris Miller, Head of Equity Volatility and Derivatives Products, walks us through the transformation of volatility markets — from the explosion of 0DTE trading to what it really takes to design systematic volatility strategies that work in practice.

In Part 2, Nick Baltas, Head of Cross-Asset Systematic Strategies, takes us a step further, showing how these volatility signals fit into a broader portfolio. We discuss how correlations shift, how weighting schemes evolve, and how systematic portfolios are built to last through different market regimes.

Both episodes go beyond the headlines — it’s an honest, technical, and forward-looking conversation with two of the best minds in the field.